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News/Business. John Miller, Rebecca Jarvis, Jeff Glor. (2012) Latest news. New. (CC) (Stereo)

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Hollywood 14, Us 13, Cbs 11, Charlie 8, Starbucks 7, San Francisco 6, North Carolina 6, Jack Taylor 5, Morsi 5, Taylor 5, John Boehner 4, Citi 4, Nespresso 4, Oakland 4, Britain 4, Ho 4, Washington 3, New York 3, Frank Mallicoat 3, Yasser Arafat 3,
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  CBS    CBS This Morning    News/Business. John Miller, Rebecca Jarvis,  
   Jeff Glor.  (2012) Latest news. New. (CC) (Stereo)  

    November 26, 2012
    7:00 - 9:00am PST  

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but we begin with today's eye-opener. your world in 90 seconds. when you're $16 trillion in debt the only pledge we should be making to each other is to avoid becoming breached. >> the fiscal cliff sparks talks of compromise on capitol hill. >> without a deal spending consults and tax increases will kick in at year's end likely sending the country into another recession. several republicans back away from a tax increase. >> if congress does nothing, which congress has gotten pretty good at doing these days we'll go over the fiscal cliff. >> we have to show the world we're adults. the election's over. president obama won. it's a big weekend for shopping. it isn't over yet. today is cyber monday.
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the biggest day for online sales. >> shoppers are expected to spend $1 billion 1/2 today. >> and some like to shop in bunny slippers. >> and fret mohammed morsi granting himself extra powers. >> sending the country's stock market into free fall. >> buy a ticket for this wednesday's powerball lottery, you could win in the megaball. >> bradshaw with the touchdown. >> giants tommenate. >> officially a time-out. >> cheerleaders shave their head to support the coach diagnosed with leukemia. >> and all that matters -- >> suddenly changes into the --
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6. >> anybody want to top that now? on cbs "this morning." the rolling stones marked their 50th anniversary with a concert in london and head to the united states next month. ♪ hey, you, get out of my path ♪ you know when i'm going, out of my path ♪ captioning funded by cbs welcome to cbs increases and automatic spending cuts that would start in january. this morning there are new signs both sides may be willing to compromise. major garrett is at the white house. his first report as cbs news - white house correspondent. major welcome and good morning. >> reporter: good morning, charlie. and erica. not sure if you heard. a good excuse for the white house to remind the country.
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the president want to preserve the tax cuts for middle income earners, preserves consumer power. that won't be until after the holiday season is over. meanwhile, congressional republicans appear to be warms to the idea of higher taxes on the wealthy. as washington returns to work and faces the economic and market rattling ravages of the fiscal cliff, some congressional republicans are shedding their anti-tax orthodoxy. >> i am willing to generate revenue. it's fair to ask my party to put revenue on the table, below his tofk averages. i will not raise rates to do it. cap reductions. you can raise $1 trillion in revenue. >> reporter: there are even cracks among house speaker john boehner's tax-resistant republicans. >> i don't want to prejudge any of this. the bottom line, we can't have a sequestration, we have to show the world we're adults. the election is over. >> reporter: and president obama won. vowing to raise taxes on the
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wealthy. another republican saxby chambliss of georgia, in a recent interview, says he's no longer bound by a pledge not to raise taxes. >> the pledge i signed 20 years ago was valid then. it's valid now but times have changed significantly, and i care more about this country than i do about a 20-year-old pledge. >> reporter: but raising taxes is only one-half of a deficit deal. republicans want democrats to raise the eligibility age for medicare. >> i want entitlement reforms. republicans put revenue on the table, democrats always promise to cut spending. i'm looking for more revenue for entitlement reform before the end of the year. >> reporter: so far democrats sound lex flexible. >> we've got to make sure there is seamless coverage of afordable health coverage for every american. my concern about raising the retirement age gaps in coverage or coverage that's way too expensive for seniors to
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purchase. >> reporter: there are many potential cliffs but higher taxes for structural changes for medicaid and medicare may be abong the biggest. bob corker argued for both warning everyone against punting this until next year or accepting phony savings that don't solve or at least address the underlying deficit and structural debt problems. charlie and norah? >> let me add my voice, congratulations you on this day enharnting one of the big jobs in journalism. they're big shoes and i'm looking at those you have to fill. >> you'll be just fine. >> reporter: first day, all right. off to a good start. >> see you tomorrow morning. >> reporter: thank you. in this morning's "washington post" as major mentioned, bob corker of tennessee calls on congress to settle the fiscal cliff, kicking the can down the road is
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misguided and irresponsible and shows a lack of courage. senator corker good morning. >> good morning. hi, charlie. >> it's going to have you here. are you prepareds, as others are doing, to sort of say i'm going to forgo the pledge because it is outdated and the country's problems are too big? >> well, i'm not obligated on the pledge. i made tennesseans aware, i was jus elected, the only thing i'm honoring is the oath i take when i'm sworn in this january. i've laid out the bill 242 pages long. not long. it's got $1 trillion in revenues, really entitlement reare to the other side of this equation, but no congress in history is more prepared to make these decisions. we've had two dry runs. we've litigated this and gone through every single score of never single decisions that has to be made. the last thing we need to do right now is kick the can down the road or create some process for next year. >> can you do that between now and -- >> absolutely. >> -- january 1st?
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>> charlie -- charlie, there's a menu of options on the revenue side and on the entitle side and as long as there are two parties that are willing to solve this problem this is a very easy thing to do. technically. what it takes is political courage, and what i've seen around here is a lot of folks constantly want to make tough decisions later and down the road, but the easiest and best thing we can do for this country is to go ahead and rip the band-aid off. make these decisions, and in january, we'll see an economy that will take off. we can focus on the greatness of this country january 1st if we'll go ahead and do the work that we all know we have plenty of time to get done this year. >> senator corker norah o'donnell. >> let's talk about the specifics of your plan. everybody acknowledges you need about $4 trillion in deficit reductions. you don't want to raise taxes, additional revenue by simply capping deductions at $50,000. >> right. >> independent analysis by the
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tax policy center says that only gets you about $760 billion. it's not enough money. how do you get more revenue? >> well the package that i've laid out has over $1 trillion in revenues that has the 750 you just alluded to but we also do chained cpi, and in that you not only reduce the rate which benefits growth but moves people into brackets more quickly. also social security was set up to capture 90% of the wages in our country. now it's at 84%. move that up gradually through 2050, it generates a lot more revenue. there's over $1 trillion in this package, and, norah, i don't know a republican who's actually written a bill with over $1 trillion in revenue, it does but it's coupled with real entitlement reform. those are the two ends of the spectrum, and it takes two parties willing to sit down and really deal with this issue to make this happen. it's that political courage that we need. not worries about whether we
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were technically make this happen or not. >> i hear you, and you're trying to move the ball forward. >> that's right. >> let me ask you. would you be willing to also raise the capital gains rate? >> you know i'm not -- i'm not the negotiator sitting at the table. i'm open to solving this problem, and what i've done norah, in a 242-page bill is showboat the white house and republican negotiators that this technically is very easy to do. it's much easier to go ahead and decide what we're going to do now than to try to craft some bill that lays out a process for us to do this next year. so, look. i think i've shown a willingness to compromise and solve this problem, put this in the rearview mirror, start next year focusingen 0 the greatness of this nation, and what i'd like to see it -- to see is leader boehner and mitch mcconnell and the president sit down as they've all said they want to do and create a package that all of us can get behind and move away
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from this. >> can you get -- >> and i think they're going to do that. i think they're going to do that. >> that was my question. can you get the republican leader onboard with your plan mr. mcconnell -- >> this is not so much focus on my plan. this plan can be improved and norah threw something out a minute ago. what i hope that all of you who influence our country and influence the decision-makers is is i hope you will not give us a pass. people are saying this is too difficult to do this year. the fact is again we have all the information we need. no congress is more informed. we created this fiscal cliff. we should solve it. i'm seeing a willingness on behalf of the white house and speaker boehner to sit down and as long as we have two parties that it are willing to do this and have the courage to address these issue, we can do this over the next three, four weeks with ease, and i hope that's what's going to happen. >> thanks, senator.
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>> thank you, senator. we hope to have you back. thank you so much. now to the holiday shopping rush. today's is cyber monday in case you haven't heard, which has become the biggest online shopping day of the year. internet sales will jump 20% over last yooshgsear. the prediction. seth is with us. >> may not be able to keep the busiest shopping day of the year but still 129 million americans are expected to log in and shop this cyber monday. if there wasn't enough holiday sales hype over the weekend, with 89 million people spent $59 billion on gifts, this morning we were bombarded by a new round of deals. countless reasons to buy in the digital world. >> they don't run out of sizes. >> reporter: many did not wait for cyber monday. on black friday when some rushed to the stores 57 million
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americans bought online. sending e-commerce sales over the $1 billion mark for the first time. walmart and best buy, target and apple were among the most visited online retailers, but amazon.com led the pack. >> we try to make things easy through some shopping apps both on tablets and on smartphones. so that amazon is -- is nearby all the time. >> reporter: amazon vp says they hired 50,000 season issal workers to help fill orders. >> we feel good about the season, we believe the best season to date. >> reporter: this is a talking point? you really do? >> we really do. >> why? why is it such an important year? >> we've grown every year and we see no reason to think we won't have a great holiday season this year as well and have it be our best. >> reporter: one in four shoppers used a mobile device to locate the best deals.
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that's nearly double last year's number. mike gottie is with the national retail federation. >> a huge revolution in the way we're seeing people shot. >> reporter: brick and mortar retailers are battles back investing in their own websites and offering to match prices in stores. we met this best buy shopper who found a tv online for the same price, but came in to the store to get had immediately. >> i had been looking online but i feel you can spend forever on researching. >> reporter: of course with so many people expected to shop today, you canals a expect oh so many scams out there. there are a couple of things you can do to protect yourself. make sure you've updated your anti-virus software and use an updated internernt broudswser. the greatest safeguards and try to use your credit card not your debit card while shopping
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and don't get caught shopping at work. >> darn! seth doane, thank you. brick and mortar stores were busy all weekend. shoppers did a lot of buying about a slower than expected beginning of black friday. ra wek da jarvis is with us. >> retailers got people into the store but didn't convert them into spending. the number of people who visited stores up 3.5% this year but spending down 1.8%. there was a lot of discussion before black friday about all of these store openings at 8:00 p.m. on thanksgiving night, target, walmart among the stores that opened up early. well, 28% of people who hit the malls this weekend went before black friday. before midnight struck on thanksgiving, which goes to show you that that strategy of opening up early may have actually paid off for them. >> we'll see thanksgiving creep? >> goodness. cop see it as early as july next year. the issue here is that it's a
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zero sum game for retailers. they know people are going to spend about $750 this holiday. the first retailer to collect the majority of that money is the winner. because ultimately, most consumers, they set aside a certain amount of money for the holidays, and they're not going to go over that amount by very much. we saw this year $423 this weekend was the average amount most people spent. >> rebecca, thank you. now to the continued turmoil in the middle east. the egyptian president scheduled to meet with its country's senior judges today. mohammed morsi is seeking power. how much pressure on the president of mexico from people within his own cabinet? holly? >> reporter: good morning, charlie and norah, well we're seeing continued, fairly low-level violence here in egypt. here in cairo, protesters are
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angry with president morsi, throwing stones at police. the police firing back with tear gas. yesterday in a town one person was killed when an angry crowd attacked the local office of the muslim brotherhood. that is the islamist group in which the president draws so much of his support. here in sigh roe, on the square the birthplace of the egyptian revolution last year people protested, are camped out, and say they won't leave until president morsi agrees to assume the decree that has given him these sweeping new powers. >> any sign president morsi is willing to compromise? >> reporter: well many egyptians still support president morsi, but three of his senior advisers resigned and yesterday the egyptian stock market plunged by nearly 10%, perhaps the reason president morsi is sounding much more conciliatory, meeting today with a group of very senior judges
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and reiterated these measures are supposed to be temporary. he's promised he will relinquish them next year when egypt gets a new constitution and a new parliament, but the problem is, for his entrenched opponent really nothing will satisfy them unless he immediately rescinds this degree. >> thank you. a deadly garment factory fire. saturday's fire killed theater 112 factory orkers. owned by an exporter whose clients include walmart and ikea. officials blamed the fire on a shorpt circuit on the ground floor. that eight-story building had no emergency exit. tomorrow will be a national day of mourning for those victims. headlines from around the globe. the st. louis post a record $425 million on the powerball and sure to go up. $365 million was the biggest
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prior. and general motors is taking a leap of faith with a chevrolet impala. betting it can perk up the 54-year-old sedan with a new design. at one time the impala was the best selling car in the united states. in recent years the impala has mostly been sold to rental agencies and the government. elton john stunned his audience in beijing dedicating a concert to dissident art iftist ai. [ waiwei. workers are taking less vacation time. a new survey says
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and it's starting out foggy in the bay area but look at that beautiful sunrise as we see the camera. you can see the fog down below. densing it advisories through 9:00 this morning. you can see the fog at the golden gate bridge. concord 40, extended forecast after the 60s today, we get wet on wednesday. so expect rain midweek and it will stay right through the weekend. this national weather report sponsored by -- pry or they mail flat rate shipping. only from the postal service. a simpler way to ship.
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officials prepare to exhume yasser arafat to settle the argument over how he died. >> do you believe he was poisoned? >> yes. >> this morning, john miller shows us why the palestinian leader's body may not provide any answers. and jack taylor had his moment in the sun last week. then his 138-point game was clouded by controversy. >> this rout doing for attention-seeking purposes i don't see the benefit in the that. >> how taylor did last night and hear critics who say the
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record-breaking total was a gimmick, on cbs "this morning." this portion of cbs "this morning," sponsored by hershey's. life is delicious. smiles make more smiles. when the chocolate is hershey's. life is delicious. [ grunts ] hand cramp! it's cramping. go ice that thing. sorry. hand cramp. ahh. [ male announcer ] cyber monday is back. shop now for great savings with free shipping. the first and only place to go for cyber monday. walmart.com.
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he should take somebody dancing. oh my god, him dance? have you seen his shoes? they look like they look like flippers. [ aunts laughing ] [ male announcer ] find some peace this holiday. get an 8 piece meal now with a dozen delicious cookies baked in-store. the kfc festive feast. all for just $19.99. yes you did, yes you did. no i didn't, no i didn't. yes you did, yes you did. no i didn't, no i didn't. yes you did. did not. [ male announcer ] today tastes so good. [ grunts ] hand cramp! it's cramping. go ice that thing. sorry. hand cramp. ahh. [ male announcer ] cyber monday is back. shop now for great savings with free shipping. the first and only place to go for cyber monday. walmart.com.
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this is a cbs 5 eyewitness news morning update. good morning everyone, 7:26 your time. i'm frank mallicoat. get you caught up with bay area headlines. three san francisco residents were among 31 people killed in
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holiday weekend traffic here in california. they died in a head on crash in the sierra foothills in placer placerville. chp says nearly 2/3 of the death investigated were people not wearing their seat their seat belts. and a pilot in novato and his passenger are okay. they clipped a fence and turned over in an emergency landing. both should be okay. got your traffic and a foggy weather day coming your way right after the break. stay right there.
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good morning. well, the big story with our morning drive is all the fog that's out there. very thick.
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chp issued a dense fog advisory. and traffic is moderately heavy right now across the span of the golden gate bridge. a look at southbound 101 101 coming into san francisco. metering lights on. that is traffic for your 5-day forecast. here's brian. >> we have a lot of fog out there. numbers in the 40s to low 50s. we'll go sunny later today. numbers will be in the mid-60s. 62 in san francisco. extended forecast, things get wet starting on wednesday.
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well black friday crowds got a little rough in carolina near sacramento. this cell phone video shows three men trading punches at a local mall. witnesses say it started with
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two women fighting over underwear. what's happening to america? welcome back to cbs "this morning." >> and yasser arafat died in 2004 at the time his doctors said they could not establish a cause of death. there have been conspiracy theories ever since. allen pizzey reports, they're opening his grave to look for answers. >> reporter: for the past eight years yasser arafat has been a slowly fading image in the palestinian territories. tomorrow he'll become the focus of attention and a symbol of what his people see as yet another crime against them by the israelis. his body will be exhumed and samples taken to determine if he was poisoned by polonium 210, a radioactive isotope that causes certain death. no doubt, this man says arafat was the victim of foul play. >> this exhumation reveals the fact, rezeals that arafat's death was not natural. >> reporter: you believe he was poisoned? >> yes. >> reporter: arafat died in a
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paris hospital almost exactly eight years ago after falling ill. his wife claimed he was a victim of polonium which can only be produced in lethal quantities by a state-run laboratory. a swiss lab found significant traces on arafat's underwear and toothbrush. his mausoleum screened from public view. three separatelyamples will be taken. the results of the investigation aren't expected for several months, but arafat's body will be immediately reburied with full military honors. not everybody is in favor of the exhumation. [ speaking in foreign language ] . >> reporter: palestinians are convinced israel is the culprit. what they really want to the know is who helped them?
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allen pizzey ramallah. and former fbi assistant director joins us now. what do you make of this? >> this harkens back to the alexander case in london. the former kgb spy also poisoned with polonium 210. that was 2006. this was 2004. dropped in his tea by somebody he met at a hotel you and i have been to in the square. that also suggests if you look at the arafat case the amount of proximity you would have to have to do this in other words, there weren't half a dozen plo leaders or family member whose got sick when somebody poisoned a meal. if in fact this turns out to be a poisoning, it had to be somebody one on one who to cut this into this drink in a fair amount. >> i know polonium 210 used with alexander and suspected with
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yasser arafat. his body has been interred for years. what's the chances they'll find traces of that? >> the fbi, the guy who worked on the other case a shelf life of 138 days. a pound of it 138, a half pound of it. interred since 2004. a highly concentrated but very small amount. what they're probably not going to find is evidence of polonium. what they could find is a daughter product like lead 206, which would leave behind but that's not so unique that it couldn't have come from something else. >> but the israelis are suspected that if, in fact, it's has the as any evidence they've used this kind of thing before? >> yes and no. there is a case of khaled in september of 1997 was on the street in jordan when two
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israeli agents came up and shot a fast-acting liquid poison into his ear. they were caught by a plain clothed cop and a huge embarrassment but the israelis had to turn over the anecdote. forced to do it. >> it couldn't happen at a worst time. just as the cease-fire has gone into effect. right? >> it certainly is a complicating time but the middle east and that intersection in particular is a place that thrives on conspiracy theories, and this will be a hard one to prove, if, in fact, it happened at all you. it will be a harder one to attribute if it did happen to prove not jut it was poisons but who was behind it. i will tell you, having been in the region as you all have been. people are going to believe after this is over and it will be the same thing they were thinking before. >> does the intelligence community have an opinion jp yes or no? >> i don't know, charlie. i'm going to stick with that.
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>> yes. >> so what is bad about scoring 138 points as jack taylor heads back on the court? we'll look at the backlash against his record-setting performance. and tomorrow pastor rick warren talks about ten years of "the purpose driven life" on cbs "this morning." last christmas, i got my husband this treadmill. now that i gave my son these reebok zigkicks... ...someone's actually using it. (inner voice): how you like me now?
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no rain in the forecast. i didn't check the sprinklers. >> supposed to take a shower after the game but the dolphins and seahawks got soaked in miami when the sprinklers went off late in the third quarter of sunday's game. the quarterback said it didn't bother his team, because they're used to the rain. welcome back to cbs thm thl."this morning." probaby a grounds keeper looking for a new job this morning. >> in seattle. and playing his first game jack taylor since breaking the all-time points recorded in a
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game. terrell brown is here with the story. >> good morning to you. no accident that jack taylor scored 138 points in a single game. the strategy behind that feat all planned out by the coach. so as taylor took to the court last night, past the gym to see if that strategy would work again. >> reporter: his shooting skills weren't enough to lead the college to another victory sunday night. >> back of the rim. it is no good. >> reporter: the 5'10" shooting guard missed his first three shots before scoring 21 points in a losing effort. it was a far cry from the mind-blowing 138 points he racked up in last tuesday's game against tiny st. baptist bible college. >> shot! >> reporter: his performance shattered college basketball's single game scoring record and sent the media into a tailor-made frenzy. >> remember this name. jack taylor.
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>> 138 points by one guy. >> and if you don't believe me you don't know jack. >> reporter: game highlights showed up on just about every major channel, and newspapers from coast to coast jumped on the story. even some of the biggest names in sports took notice. >> i don't care what level you're at to score 138 points sts pretty insane. >> reporter: it didn't take long for critics to speak up. >> it's a gimmick. it's not real. they were taking the ball rebounding it and throwing it back out to him. show you that video. >> reporter: at issue, the unique formula for winning. their coach has broken it down into a math equation. whmp the pioneers make 94 shots with at least 47 of them from three point range, and pull down a third of their missed shots and take 25 more shots than their opponent all while forcing them to turn over the ball over 32 times, they win.
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the coach claims it works an amazing 90% of the time. taylor took 108 shots. one every to seconds. >> really didn't think it was possible. ultimately absurd. >> reporter: kyle smith is the men's basketball coach at columbia university. >> it's part of like competing to win in a tight game need 138 to win, it's fine. but if it's -- a rout doing it for attention-seeking purposes i don't see the benefit in the that for anyone. >> reporter: many say that having one player dominate the game sends the wrong message. >> now you start to think, well more kids try to focus on simply scoring the ball or in this case making outside shoutsts because of what happened in this case? >> reporter: after the game taylor is happy that life in basketball returns to are noal. >> to play a team like that sobering, brings you back down to earth. i've got to keep improving my game. >> reporter: but the celebration over taylor's record-breaking
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performance continue in grinnell. yesterday the pizza hut there sold pies from 1:48 to fow4:00 p.m. at the price of $1.38. see what i'm getting at here? the restaurant usually and the visibility in the bay area is very low, as where he look toward the disappearing coit tower, you would be seeing if we could see through the fog. numbers in the 40s and low 50s of the bay area. 44 in san jose. santa rosa 39 and we'll recover to the mid-60s in the bay area. 62 in oakland. and rain headed our way by
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wednesday. it will stay wet right through the weekend. new research could make soda drinkers feel weak in the knees. we'll show you another house problem tied to sugary soft drinks. that's next on cbs "this morning." oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter!
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the fame hollywood sign has been in the backdrop of many movies. now it's showing its age. >> getting a makeover in more than three decades. >> and another reason sugary soft drinks are not so good for "your health". >> soda and your needs. providing zero nutrition and lead to weight gain but the beverages may be linked with annan expected ailment. osteoarthritis of the knees. the most common perform of arthritis in their knees monitored by x-rays every year for four years while reporting on theirs soft drink intake. it turns out patients especially men who drank soda showed a
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worsened narrowing of the joint space in their knees, an important measurable symptom of osteoarthritis. what shocked scientists even though sodas cause weight gain and that's a risk factor for arthritis, the results showed whether or not the patients were overweight suggesting something in soft drinks may directly damage the knee joints. it's not yet clear exactly why this happens. it could be that the caffeine or high fructose corn syrup used in the beverages cause problems with calcium absorption weakening the bones. regardless one out of every two americans will eventually develop knee oft yore arthritis and this is one cause that can be easy i aly avoided. sponsors by airborne.
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gangnam style. >> the korean rapper set a record gangnam style, youtube viewed 805 million times. as of saturday the video, justin bieber's "baby," held the
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record, a mere 803 million viewed. welcome back to cbs "this morning." >> you can see this at our christmas party. we'll let you know when and where. good news and bad news coming up about air travel. more flights on time but more crowded than ever and some flights are consistently late. >> so that's why this guy -- >> yeah. >> waiting for the airplane right now. >> responsible for all late flights. >> thank you, sir. >> the scoop how to avoid the late flights. >> stay off those planes. >> exactly. you got it. >> thanks, peter. >> peter greenberg has more information you can use. your local news is next. >> that's right.
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this is a cbs 5 eyewitness news morning update. good morning everyone, it is 7:56. i'm frank mallicoat. get you caught up with some bay area headlines, and the big story this morning, fog, dense fog this morning in all parts of the bay. commuters are a advised to
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allow for extra time as traffic conclude slower than usual. interstate 280, and a good times for college football in the area. stanford is at 8. and san jose state, for the very first time at number 25. both teams ended the season with big wins and both are bound for bowl games. their exact destinations to be determined. we have your traffic and foggy weather forecast coming up right after the break.
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good morning, if you're a mass transit rider we have delays to tell you about. there were major b.a.r.t. delays, up to 30 minutes. and capitol corridor delays up to 40 minutes. everything else so far on time. the fog has been the big story this morning. a live look at the golden gate
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bridge, dense fog advisories there and pretty much all of the bridges and drivers taking it extra slow down the east shore freeway. that is traffic. we have got plenty of fog across the golden gate, the numbers as you see them, 42 at concord. dense fog advisories until 9:00 this morning. so travel with caution. later today, sun comes out, we have readings in the mid-60s but as we look ahead, things get wet starting wednesday. stay tuned on that.
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what's that? when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. good morning. it is 8:00 and welcome back to cbs "this morning." congress gets back to work as the fiscal cliff gets closer, we're hearing a new willingness
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to compromise. and there's no disputing the significance of the hollywood sign. it's 90 years old. and we'll show you why it's suddenly getting a face-lift. first, a loo
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journalism. they're big shoes, too, and i'm looking at those that you have to fill. the "eye-opener" at 8:00 is brought to you by the aarp. i'm charlie rose and erica is off norah o'donnell is with us. avoiding a fiscal clifk at thecliff at the end of the year. both sides talking compromise. major is at the white house. >> reporter: good morning. no face-to-face negotiations
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going on right now. what you really have is an exercise in measuring reasonableness and seriousness. talk about seriousness. senior white house officials say, yes, we hear talking about raising tax revenue but not sure how serie republicans are and want to see specifically how much reserve nye, how fast you're willing to raise it and willing to raise income tax rates on upper earning americans. something president obama campaigned for and won on. are you going to be reasonable and understand, say the republicans, if we put revenue on the table, you need to be reasonable about restructuring medicare and medicaid give us something back on the political side for making a big concession on tax revenue. no face-to-face negotiations going on right now, as i say, but a rhetorical battle over seriousness and reasonableness. >> thank you. john dickerson is in
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washington. john, good morning. >> reporter: good morning, norah. >> interesting. we hear a number of republicans over the weekend and then senator corker on our show here on cbs "this morning" saying that they are not obligated to this anti-tax pledge they all signed by grover norquist. does that suggest we're closer to compromise? >> we're closer but it may only be measured with a mike kromtcrometer. the big deal, how do you get it? the president said he doesn't see a way to get it without raising those tax rates on the most healthy. republicans, even those inches towards compromise saying yes, for revenue, but don't want to see rates go up at all. then it gets into a counting question. how much money can you get through fixing the tax code? once you tinker with the tax code you invite swarms of lobbyists and a timing question. can you raise enough revenue through tweaking the tax code by the end of the year to get something done or do you have to
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do a shoert deal and the harder work of tax reform later? there's entitlements major mentioned. >> also momentum and having the results of an election. do you feel that there is a difference this time so that maybe they can push it over the hill? >> certainly in talking to white house officials, they say, you know elections have a clarifying effect. that's what they see in this new, these new comments from republicans about being open to some money coming from revenue somehow. and one of the things that congressional leaders, republicans, are going to do see what their members coming back from the break, what they feel. how the momentum affected them. a lot of members john boehner is dealing with who may have gone home to their districts and saying, don't buckle don't budge on taxes. that's the question they'll hear when the members come back into town. >> john, that's the key point. even while he hear this message from senator chambliss and corker and graham talking about additional revenues, doesen it
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matter what leader cantor in the house and john boehner and those house republicans, especially because any new tax reformses have to be written in the house, ways and means committee. >> i don't want to start a fight between the house and senate but you mentioned a lot senators there. the white house would want to the see a lot of members of the house, particularly tea party-backed members, given john boehner wiggle room on the question of revenue, and even if they give him wiggle room there's going to be a crucial question of what the details are. >> john dickerson, thank you. four weeks ago floodwaters overran large parts of the northeastern united states. this morning britain is seeing even morewidespread flooding's two deaths blamed from severe storms over the weekend. mark phillips is in london. good morning. >> reporter: it's no headline it rains in britain, were ut when the it rains nonstop and then rains some more it's trouble. and parts of the country are having about as much trouble as they can take. >> more floods are forecast after a very wet weekend.
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>> reporter: it's not a particularly violent weather system but it's big, slow moving, and in some places, brought a month's worth of rain in a day, which in britain is saying something. weeks of wet weather had already saturated the ground. there was nowhere for the water to go. >> this weather, it really has been horrendous because it's been going on day after day. it's important that people remain flood aware, flood alert. ground is saturated. rivers are absolutely flowing. >> reporter: the costs high but luckily no great loss of life. one woman was killed by a falling tree. the worst of the weather hit england the west count, cornwall and devon, used to rain but there are limits. >> this morning, heavy rain. a little anxious because we got flooded on the 24th of september as well and we've come back and
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our house is flooded again. >> woken up at 4:00 in the morning. water in his bedroom. we had to evacuate. in a boat. >> reporter: boats were a better option than cars. many of those who tried to drive soon learned it was a big mistake. >> oh, no! >> reporter: and two wheels were not a better option. it's always a contest here wean the between the water and the fences pus up to contain it and the water is winning. the rain moves a little north today into another area of the country that's already been very wet and more flood warnings are in effect. the famously green and pleasantland isn't have pleasant right now. charlie? >> thank you. britain the king in waiting says he's waited long enough when it comes to a project. prince charles turns 64. talked about efforts about restoring his historic home and joked about his own morality.
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>> impatient. me? what a -- of course i am. will i run out of time? actually snufted if i'm not careful. >> interesting. isn't it? >> reflecting on his oh mother 86-year-old queen elizabeth. she, as we all know is still going strong. >> royals and castles go together. blow up bouncy castles for kids an alarming rise in injuries. the journal of pediatrics shows every 46 minutes a child goes to the emergency room after being hurt in a bouncy house. the rate doubled between 2008 and 2010. the injuries are from falling including sprains, strains and fractures. is and burning off energy and good for the brain. ucla researchers studied aults
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and those who burned the most calories had mother brain matter in t
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people in hollywood get face-lifts all the time. even the hollywood sign is getting a makeover. we look back at nine decades of his l.a. landmark. that's next. this portion of cbs "this morning," sponsored by aarp. fighting to keep medicare and social security strong for generations to come. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come.
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it's all right, all right ♪ tonight ♪ hollywood going strong the sign approaching its 90th birthday. as john blackstone reports, the hollywood sign is making its theirs makeover in nearly four decades. >> reporter: it's the way things are done in hollywood. wipe away the signs of age with a face-lift. and so the hollywood sign is getting some work done. two months of stritching down and sprucing up for the historic landmark. the history of the hollywood sign goes back to 1923.
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it was erected to draw attention to a new housing development. hollywood land with letters standing 50-feet tall. >> it was lit with light bulbs at night and would flash holly-wood-land in sequence all night long and like a billboard in vegas but pre-dating vegas. >> reporter: but it wasn't built to lastened by the late 1940s, neighbors were egg wering the city to take it out with the trash. ironically, it was the arrival of television that may have saved the sign. minus those last four letters. >> at that moment the hollywood chamber of commerce came in and said, i think we need a symbol. a symbol that the film industry will stand strong and retain the jobs in this community, despite the emergence of television in new york. >> reporter: perched high in the hill, the sign stabds as a symbol of celluloid and green.
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featured in films. >> the hollywood sign is gone. just shredding. >> reporter: visitor, may not always see a hollywood star but can all get their picture, taken with the hollywood sign. many hike up the mountain to get as close as possible. >> you've never been here before? >> no. >> reporter: it can even lure are stas themselves like melanie griffith and jamie lee curters. >> my friend melanie griffith and i have everybody inner been there. i said the other day, come on. we found how to walk up to it and the two of us two girls born and raised here hiked all the way up to the hollywood sign. >> the new quarter of a million hollywood soon unveiled with all the hoopla of a hollywood opening. >> reporter: the last time a star-studded gail la celebrated the event. actress sally field grew up here and like so many in the entertainment industry has a deep picks of the sign. >> i've been in this business a
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very long time and seen the hollywood sign up there really represent something very important to what this country really is. but also you have to be able to honor and respect what's come before, and that sign to me represents that. >> reporter: grounded in tradition, yet soaring high above the city that just wouldn't be the same without it. cbs "this morning," john blackstone, hollywood. >> a nice job. >> indeed. sort of like new york's statue of liberty. >> yes. a re-do. up next you can't always avoid flight delays but can reduce chances of being on a late night. travel eder peter greenberg is here to show you how to better your odds. that's ahead on cbs "this morning." this portion of cbs "this morning" sponsored eded by citi price rewind. buy now, save later. 't want to pay more than you have to. only citi price rewind automatically
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the coast guard pulled three people from a burning yacht off the coast of miami beach saturday. no one was injured. the cause of this fire is still under investigation. incredible pictures there. where can you find the best coffee in the world? todd carmichael has the answers traveling the world looking for the best coffee bean. >> sounds fun. that search has taken him to rough places. he'll tell you what he's found. that's ahead on cbs "this
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morning." and hopefully he brought us a cup of joe, too. >> i would hope so. >> exactly. >> a bad joke. your local news is next. $
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oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button.
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brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. this is a cbs 5 eyewitness news morning update. hi, everyone, and good morning, 8:25 your time on this monday. i'm frank mallicoat. get you caught up with bay area headlines, now was a busy holiday weekend for oakland pd. two women became the latest
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homicide victims, both shot to death in east oakland on sunday morning and two killings on saturday, one an 18-year-old woman and one a 19-year-old man. police have no suspects. three people in the bay area among four killed in a crash by placerville. a prius and a mini van collided. a man, woman and child from san francisco died in the prius, a 4-year-old girl inside the van died. the prius veered into oncoming traffic and they don't know why. a mystery what was the source of a carbon monoxide in a home. 14 people taken to the hospital last night. most suffered minor exposure. city officials are still trying to figure out what caused that problem. traffic and your foggy weather forecast coming up right after the break.
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good morning, expect delays right now in san jose. they're working hard to clear the scene at the car fire that was blocking the connector ramp. southbound 280 to northbound 880. we're still seeing big back ups in both directions across that area. dense fog advisory continues across most bay area bridges. here's a live look across the golden gate. traffic is moderately heavy heading toward san francisco. that is the nimitz blanketed by fog and b.a.r.t. is recovering after earlier
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equipment problems. expect delays. we have that fog and cool temperatures out there. mostly in the 40s close to the bay but we're getting sun outside of the margins of the immediate bay shoreline. still, only 40 degrees and fog in santa rosa. 45 in san jose. and the fog is going to stay with us a little bit more and we'll get more sunshine this afternoon. san francisco hits 62. san jose 66 and a look ahead, things get wet big time on wednesday and stay wet right through the weekend.
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welcome back to cbs "this morning." flight delays are annoying. especially during the holidays when time is everything cbs
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news travel editor peter greenberg is here with the five things you need to know about delayed flights. peter, good morning. >> good morning, charlie. >> why so many delayed flights? >> this year there's not been that many delayed flights. in fact, the best year ever since 2003. 87.3% of all flights arriving between 15 minutes schedule the arrival time. why is that? fewer flights. number one. number two, the airlines are padding their schedules. remember, they determine an online arrival whether or not e it arrives with 15 minutes of scheduled arrival time. you miss a flight arriving three hours ss later, you're always going to be early. when they first put the tarmac rules intoeffect screams it was going to kill them. do you know how many flights in the year 2012 william delayed more than four hours? >> how many? >> four. because of the consequences of the $27,000 fine per passenger. >> that's good. >> it is good but still worst airlines for flight delays?
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>> well, it goes by >> hawaiian airlines is great and air tran is great on the lowk end we so american airlines. rrive >> you say it's best to book for when you want to arrive travel in somewhere. >> think about it.to people go to or from new york want to city airport.e on tim if you want to arrive on time you want to arrive between 8:00
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and 9:00 in the morning when t94% of the flights are on time.g. at 7:00 or 8:00 at night when all the international flights are leaving it drops. he >> is it always better to fly in y the mornings? to >> yes. on >> suppose you want to check >> two w your on time record? >> there are two ways to do that. anybody can access.e the worst on time flights by route and flight number and you called have a website called flight stats.com.y single it gives every single flight mo with its percentages for the u know last 12 months. >> is flying easier for you? anytime yo >> there is so much waiting for
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>> you. ye >> 47 opponentpoints. >> yes. can if you can minimize checked bags you start with that. there are only two kinds of contrarian bags. carry on and lost. you don't obey a single sign. t >> what do you to with golf clubs. >> send them ahead. that's h >> exactly right. started. >> do you check bags? >> sometimes. >> i don't check a bag even oversea s overseas. >> and a north carolina mother of four is on facebook and it is paying off. the s we will visit her
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♪ well that will be the day when you say good-bye ♪ that will be the day when you make me cry ♪ it is cyber monday. millions of people looking for bargains online but probably not on facebook. most retailers haven't quite figured out how to sell on the social media site. as michelle miller reports, they could learn a thing or two from one facebook mom. this north carolina customer. >> reporter: the constant hum of sewing machines filling the building in lexington, north carolina. it's music to brandi tysinger temple who founded this little can-do company with a funny name. >> lolly -- >> lolly wooly doodle. >> where the does the name come from? >> my niece. what are you going to name your store? i said, i don't know lolly
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wooly doodle. oh, let's just name it that. >> reporter: from her garage the mother of four started making dresses into the wee hours of the morning using this brother sewing machine. a mother's day can gift from the her husband. six years later, she employs 90 people to design cut stitch and fit children's clothing all across the country. the merchandise is flying off the shelves. home things do you make a day? >> well, we make anywhere from 600 to 900 a day. >> reporter: a lot of stuff. >> yes. absolutely absolutely. >> reporter: temple doesn't have a beauxoutique nor sell her shows in a retail store. instead, almost everything sold here is sold on facebook. >> i said i just want to move the merchandise. put it on my facebook page. at the time between 143 to 1853
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fan ps. in seconds, ban p bam, bam, bam, gone. >> reporter: all her faxes snapped up and it hasn't stopped. lolly wooly doodle's page is 104,000 likes. every day up to ten items pop up in the news feed. buying is as easy and leaving a comment. >> you type in -- >> uh-huh. >> the size of the item that you want. if you want it monogrammed you type in your daughter's initial. e-mail an invoice. when paid we start making orders in the factory. >> reporter: the revenues grew a whopping 300%. big retailers like jcpenney gap and nordstrom shuttered facebook stores lolly wooly doodle figured out how to generate seams. >> create the whole commerce experience within the news feed on facebook and people really started to love and give her feedback on what she was doing.
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>> able to scale her business tremendously. >> reporter: temple says facebook alone isn't responsible for her success. at its core lwd is a family business. her husband will who lost his job a few years ago found and built with new factory and all of her children have put time in here as well. then again, temple considers all of her employees family. many she hired with little more than a sad story on their resumes. >> devina came to us never cut or sewn but so eager and really wanted a job. and devina lost her family her two children in a car accident by a drunk driver. >> my kids -- drunk driving, i was talking about it the other day. she gave us $1,000 for our chapter. >> reporter: temple is extremely proud of bringing manufacturing
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jobs back to this economically ravaged corner of north carolina. >> there's so many of these people who have shared their stories how this was their last hope. this is what saved their house. >> reporter: and even though she's now the boss she still takes shifts on the sewing room floor. she even managed to teach this rusty sewor something new. >> not bad at all. >> not too bad. when you're on the floor, do you sometimes pinch yourself? >> no i don't. it's so awesome to sit down ot a machine and just feels like it's still until my garage. >> reporter: proving that passion is the fabric of the american dream. for cbs "this morning," michelle miller, lexington, north carolina. >> what a great story about a many month an entrepreneur but the way she found facebook to get people interested in her product and doing incredibly well. from north carolina, too. >> manufactured in north carolina uting many people to work. amazing story. todd carmichael will go anywhere
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to find the perfect bean. the man called the indiana jones of coffee when cbs "this morning" continues.
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=
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dangerous grounds. an adventurer who once set a record as the fastest traveler to reach the south pole. his real job, searching the world for the best corr bean and he joins us now. >> thank you. >> what is the philosophy that has made ma you successful? >> wow. always to challenge yourself. pushing the envelope and don't really accept always the eddest lowest hanging fruit. whether that's tracking or making a family or finding coffee. >> hmm. what's the best coffee you've ever had? >> the best coffee i ever had? you know, it's kind of are like food. depends on who you're sharing it with and depends a lot on the moment, i guess. you know i spent two months alone out in antarctica under grueling circumstances and when i arrived to civilization the first thing i wanted was coffee. it really wasn't the best coffee but it felt like it. the first cup back on the grid.
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>> you founded a company, $25 million in reserve nye. how do you make that company work? especially in this economy? >> yeah. i mean how do i continue to be successful? >> yes. >> i think -- first and foremost obviously, i try to always find the best product out there, the second thing, i find the best people. it's the people that make up the organization that keep it rolling even in difficult times. i'm equally as proud of my people as i am of my bean and i think that's the secret. >> what are some of the dangerous and crazy places you've been? >> coffee grows in 80 different countries around the equateorequator, all third-world countries, in the process of advancing themselves. some coming out of conflict and establishing new countries. one of the most difficult places, i think, is going to be haiti. just because of the huge social
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crisis therened a the mountains, you know, they're not easily accessible. but, you know having said that right now, yemen is a very difficult place, and, you know it's in the midst of a revolution, and guys that come from the western world aren't always welcomed with open arms. you know this is a big handful -- i'd say the toughest job i had is really changing the mountains of haiti. >> you fell off a jeep. was that colombia? >> yeah. you notice my eye? yeah. about 72 hours ago, i rolled -- well coming down -- the high mountain in colombia. started to rain and the road gave way and we rolled a truck down the hill. >> so what do you think of this word -- starbucks? >> well, it's kind of like -- well, it's the company that got started. when starbucks was started in 1982, three cafes, a little roaster and before that whole
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trajectory started and gave me my start. i will always respect that. >> can they do it overseas? >> yeah. i think there's a place for starbucks. always a place for starbucks. even in the program, tongue and cheek, make fun of starbucks but it really lit a fire and i think put the united statesness a position to claim the trophy of being, i think, the country to -- the go-to country for especially coffee. >> you're a coffee guy, but starbucks just paid over $6 million for a holdings company and planning to do the same thing for tea that it did for coffee. do you think that will work? >> you know i mean starbucks is a publicly held company and they have different responsibilities than i do. >> yes. >> you know they have pretty smart guys in there. they'll probably do well. >> do they have any smart gals working there, too? >> they have smart gals. i mean dudes and guys human guys -- >> just asking.
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>> here's something interesting. is it a business or are you simply an adventure? is it the idea of traveling around the world and that coffee simply is sort of the motivations to do what you want to do? >> right. >> is that right? >> that's a good question. you sound like my wife. no. you know -- i really enjoy my job. and i really -- you know the fringe benefit of visiting you know 80 different countries throughout, you know in a short period of time you know throughout the year. it's part of the attraction. but, you know the recipe for the success of my company also means finding those things that other people aren't. you know either nervous to find, or you know they're not willing to take those kind of risks. >> great to the have you here. >> perfect scenario. >> an interesting life. tell you that. you can see "dangerous grounds" on the travel channel. you may think billy joel is the piano man, but he has nothing on wally boot who spent
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the last half century making steinway pianos in new york city. he has a very important job to do and each and every instrument, as it leaves the building. ♪ >> every piano before it leaves the piano factory here comes to me, and i check over the tone. ♪ >> you don't want out-notes when you play the music. that's loud. ♪ >> that note's louder than this one. in september it was 50 years for me. 50 years i chartered, i went over 18. worked my way through the whole factory. i was a hippie. motorcycles. my first job here was putting a little felt button -- underneath
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the wooden button. i worked here for a week and then the lady came back who was on vacation and she said get him outta here. that's my job. and then i learned how to make all the parts on the piano. these notes sound louder than these notes. so i would mark it with the chalk. and the top of the hammer. it's going to break up the density of the felt and make the sound softer. 35 years, i've never had a piano to play on. it was just i made the parts,ut them together. i had the urge to play -- i always wanted to play that one piece. "moonlight sonata." ♪ i had a piano tuner, victor. he taught me 15 minutes once a week. and we would go through one measure, but i had the whole week to practice.
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three hours in a whole week. and then i went for three mores. this photo depicts me when i was, like maybe 3 or 4 years old. and this was the factory. so i was born two blocks from here and i never knew i'd be here for 50 years and working in this factory. it was just a regular job. i love pianos. i love making pianos. i love people playing the piano. ♪ >> music kind of makes the piece, first of all, but there's a work for people like him. it's artists and people who just do something better than anybody else does it and who love doing it. >> it's so true. born on steinway street and 50 years later making pianos. really beautiful. >> do you play the piano? >> always my long-term dream. i don't play the piano.
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beaut my husband bought me a piano for one of our anniversaries. >> so in time -- >> it plays itself. we had that feature added. teaching my kids. i'm going to learn the piano one day. see you tomorrow right here on cbs "this morning."
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this is a cbs 5 eyewitness news morning update. hi everyone and good morning. 8:55 your time. i'm frank mallicoat with your cbs 5 headlines on this monday. a mysterious leak of carbon monoxide sent have people to
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the hospital in -- 14 people to the hospital. the fire department was called at last night. most people had only minor exposure and the cause under investigation. people in san jose will have their say starting tonight about the qualities they want in a new police chief. the city is doing a nationwide search to replace the retiring chris moore. the public meeting first of four happens at six at the community center. when state office holders get their next paychecks, they'll find them a little bit smaller. top officials from the governor on down and 120 lawmakers are getting a 5% pay cut. it was ordered by the california citizens compensation commission this past may and it's on top of an 18% in previous cuts over the past three years. how about your forecast, a little foggy out there brian. indeed, we are starting out there way. visibility is low. in the trivalley area, it's looking nice. and a little bit of haze out there for us out the door close
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to the shoreline, fog. sun inland however and high pressure over the coast will keep us fairly mild today. forecast highs in the 62, down in san jose 66. traffic is coming after our break. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters.
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good morning, dense fog advisory still in effect for all of the bay bridges. you're approaching the toll plaza, metering lights still on. more fog to tell you about. it's been the big story this morning as well as a couple mass transit note. b.a.r.t. still dealing with delays, ace train and capitol quarter delays. here's a live look outside. the nimitz through oakland and the oakland coliseum, you can see a few cars and dense fog across the golden gate bridge.
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